On an Income Statement for the Period from January 1

question 172

Multiple Choice

On an income statement for the period from January 1 to June 30,_____ would not be included as an income.

• A) wages and salaries received in that six months
• B) interest received on June 30
• C) auto sold with payment received on May 15
• D) inheritance granted in April,to be paid in September
• E) income tax refund received on April 14

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